90 Day Training Program for Mutual Fund Dealing Representatives

All newly registered MFDA dealing representatives must complete a training program within 90 days of registration with a provincial securities commission. The program helps dealers ensure their new registrants receive adequate up-front training and guidance to obtain a full understanding of the industry in which they work, the Dealer they work for, the products they sell and the regulatory environment that governs them.

Tools and Pricing

Standard Course Price $170
IFIC Members Course Price $140
Click here!Don’t know if your firm is a member of IFIC?

Questions? Contact info@ifse.ca.

Course Information

COURSE DETAILS
Delivery Paper
Language English
Suggested study time 15 to 30 hours
Enrolment period 1 year
Practice exam Not applicable

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WHO SHOULD ENROL
  • New mutual fund dealing representatives

EXAM DETAILS
Format Online
Time permitted 240 minutes
Question format Multiple choice
Passing grade 60%
Attempts allowed 3
Click here!CE Credit Matrix
EXAM STRUCTURE
Unit Weighting
(%)
Introduction 6%
General Background 2%
Securities Regulation 10%
Mutual Funds Review 16%
KYC and Suitability Obligations 10%
Types and Ownership of Accounts 10%
Trading in Mutual Funds 6%
Retirement Accounts 10%
Educational Savings Plans 4%
The Basics of Estate Accounts 4%
Ethical Conduct and Behaviour 2%
Complaint Handling 20%

FAQ

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  8. Review the Terms and Conditions completely. To accept the Terms and Conditions, check the box and click "Yes". If you do not want to accept the Terms and Conditions, click "No". Your course enrolment will be cancelled.
  9. Provide your credit card information and click on "Pay Now". Please do not touch the screen until your payment has been processed. A copy of the receipt will appear and can be printed for your records. The receipt will also be stored in your student record for future reference.

All content-related inquiries may be sent to coursequestions@ifse.ca. Please be sure to include the following information so we may better assist you:

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  • Student number
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You will receive an email from IFSE when your exam results are available. Exam results for paper-based and computer-based exams are available online within three to five business days following the exam if you have no outstanding fees. Exam results for online exams are available immediately upon submission.

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There is no cost to re-write an online exam with the exception of the Canadian Deposits Self-Study Course offered by the Registered Deposit Brokers Association (RDBA). Click here to view the cost to re-write the online exam for this course. You must contact us to pay the re-write fee. Once the re-write fee is paid, IFSE will reset your exam.

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Other Relevant Courses

You may be interested in these other IFSE courses.

Canadian Investment Funds Course (CIFC)Life License Qualification Program (LLQP)Exempt Market Proficiency Course (EMP)Branch Managers’ Examination Course (BM)Canadian Investment Funds Operations Course (CIFOC)Exchange-Traded Funds CourseOfficers’, Partners’, and Directors’ Course (OPD)Client Relationship Model Phase 2 (CRM2)Tax-Efficient Investing